(Malvern, PA, February 5, 2004)-Don't hide from your shadow like the groundhog and come out to one of the CPCU Society's February educational events. All workshops are open to CPCUs and other insurance professionals, and provide the opportunity for professional development and networking. Most workshops have been filed for continuing education credits.

Introduction to International Insurance: The Changing Global Environment
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Boston Chapter.
When:
February 3, 2004
8:00 - 11:45 a.m.
Where:
Boston, Massachusetts
John Hancock Conference Center
40 Trinity Place
(617) 933-7700
What:
C. Michael Dower, assistant vice-president at CNA International- US Operations will:

• Describe the evolution of a typical international organization.
• Identify the meaning and importance of various international terms.
• Explain various methods of handling international loss exposures.
• Discuss advantages and disadvantages of each approach to handling the loss exposures.
• Describe important international insurance coverages.
• Explain important qualities that an international insurance carrier should possess.

Registration for Introduction to International Insurance workshop is $89 for CPCU Society members and $99 for nonmembers.

Business Income Coverages: The Basics and Beyond
-and-
Directors and Officers Liability: What You Need to Know Today!
Four half-day workshops presented by the CPCU Society and co-sponsored by the CPCU Society's New York and Long Island Chapters.
When:
February 10, 2004 New York, NY
February 13, 2004 Uniondale, NY
Business Income Coverages will be presented from 8 AM - 12:05 PM
Directors and Officers Liability will be presented from 12:30 - 4:35 PM
Where:
New York, NY
St. John's University Rm. 123
101 Murray Street
(212) 284-7003

Uniondale, NY
Omni Building
333 Earle Ovington Blvd.
(631) 385-6819
What:
R. Bryan Tilden, CPCU, CLU; national lecturer and expert witness in the insurance field, will address these issues.

Business and Income Coverages

• Examine the components of a disaster plan and how it affects the limits selected.
• Examine the Business Income (and Extra Expense) Coverage form in detail.
• Explain the new definitions of "business income" and "suspension."
• Discuss the process of settling a Business Income loss.
• Discuss the coinsurance provision in Business Income coverage, and examine an example of setting a limit of insurance
• Examine alternatives to coinsurance in the Business Income Coverage Form.
• Discuss various endorsements in the Business Income Coverage Form.
• Discuss the exposure situations wherein the Leasehold Interest Coverage Form is appropriate.

Directors and Officers Liability

• Examine the sources of liability and defenses related to directors and officers.
• Explain the difference between directors and officers coverage and corporate reimbursement coverage.
• Examine key exclusions unique to directors and officers coverage.
• Explain the major provisions commonly found in directors and officer's insurance programs.
• Assess impact of incorporating employment practices liability coverage on the directors and officers policy.

For CPCU Society members, registration for one workshop is $99 and $189 for both workshops. For nonmembers, registration is $109 for one workshop and $209 for both workshops.

Insurance Valuation Problems: Identifying and Closing the Gaps
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Maine and Central Massachusetts Chapters.
When:
February 11, 2004 - Maine
8 a.m. - Noon
February 12, 2004 - Massachusetts
12:30 - 4:30 p.m.
Where:
South Portland, Maine
Sheraton South Portland Hotel
363 Maine Mall Road
(207) 775-6161

Worchester, Massachusetts
Beechwood Hotel
363 Plantation Street
(508) 754-5789
What:
R. Bryan Tilden, CPCU, CLU; national lecturer and expert witness in the insurance field, will:

• Explain case law addressing valuation problems and the common terms used to describe property valuation.
• Describe how GAAP (Generally Accepted Accounting Practices) both conflicts with and supports policy language.
• Examine alternative valuation options to change valuation to meet the customer's expectations.
• Explain how to solve fluctuating inventory problems.

Registration for Insurance Valuation Problems workshop is $89 for CPCU Society members and $99 for nonmembers.

The CGL Policy: Tips, Tricks, Traps, and other Essentials
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Upstate South Carolina and South Carolina Chapters.
When:
February 17, 2004 - Greenville, South Carolina
12:30 - 4:30 p.m.
February 18, 2004 - Cayce, South Carolina
8 a.m. - Noon
Where:
Greenville, South Carolina
Canal Insurance Company
400 East Stone Avenue
(864) 242-5365

Cayce, South Carolina
South Carolina Farm Bureau Bldg.
724 Knox Abbot Drive
(803) 936-4292
What:
Donald S. Malecki, CPCU; chairman and CEO of Donald S. Malecki & Associates, Inc., will:

• Explain how to better benchmark the ISO liability forms and endorsements compared to independently filed forms and endorsements of other insurers.
• Discuss the basic issues that led to the strengthening of some policy exclusions.
• Explain how new coverage endorsements compare to others on the market
• Examine coverage gaps within professional liability forms that are detrimental to insurers.
• Discuss the rationale for ISO's approach to providing additional insured status, and the different approaches insurers are taking with manuscript or independently filed endorsements
• Discuss the traps of the Owners and Contractors Protective Liability policy.
• Examine the impact of the demise of the Broad Form Property Damage coverage.

Registration for The CGL Policy workshop is $39 for CPCU Society members and $44 for nonmembers.

The Commercial Account: The Right Coverage for Your Insureds and Clients!
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Maryland Chapter.
When:
February 24, 2004
8 a.m. - Noon
Where:
Timonium, Maryland
Days Hotel
9615 Deereco Road
(410) 560-1000
What:
R. Bryan Tilden, CPCU, CLU; national lecturer and expert witness in the insurance field will:

• Discuss major liability problems affecting customers' needs
• Examine major coverage and placement problems.
• Explain how to segment and separate the customer's property to obtain the best coverage and pricing.
• Discuss risk transfer options and how to make policies fit together.
• Examine how improvements and betterments impact the amount of coverage necessary, and how losses are settled.
• Explain how policy wording can modify loss payment under hold-harmless and exculpatory agreements.

Registration for The Commercial Account workshop is $89 for CPCU Society members and $99 for nonmembers.

Hidden Coverages: Surprises in Court!
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Iowa Chapter.
When:
February 25, 2004
8 a.m. - Noon
Where:
West Des Moines, Iowa
Farm Bureau Financial Services
5400 University Avenue
(515) 225-2004
What:
R. Bryan Tilden, CPCU, CLU; national lecturer and expert witness in the insurance field will:

• Examine hidden coverages found in various policies - intended and unintended - that have been found in litigation.
• Explain surprises that may help or hurt your customers.
• Explain which personal and commercial policies are changing because of these discoveries.
• Explain how to save your insureds by knowing these hidden coverages and gaps.

Registration for Hidden Coverages workshop is $79 for CPCU Society members and $89 for nonmembers. For more information about this workshop, contact John Kelly, CPCU, the Society's continuing education coordinating manager, at (800) 932-2728, ext. 2773.

Umbrella and Excess Liability: Coverages, Gaps, and Solutions
This half-day workshop will be presented by the CPCU Society and co-sponsored by the CPCU Society's Minnesota Chapter.
When:
February 26, 2004
7:30 - 11:30 a.m.
Where:
St. Paul, Minnesota
The St. Paul Companies, Inc.
385 Washington Street (south building)
Room EC 12
(651) 310-7911
What:
R. Bryan Tilden, CPCU, CLU; national lecturer and expert witness in the insurance field will:

• Discuss the types of excess liability policies and provide characteristics of each type.
• Explore the excess gap that can be created when the primary includes defense within policy issues.
• Explain major excess liability policy concepts, important policy provisions, and exclusions common to excess liability policies.
• Discuss how a "prior insurance" condition can act to exclude coverage.
• Examine how non-concurrent aggregates can transfer the loss back to the insured.
• Explain how to structure a layered program, including both occurrence and claims made triggers.

Registration for the Umbrella and Excess Liability workshop is $89 for CPCU Society members, $94 for St. Paul Companies employees, and $99 for nonmembers.

For more information about any of these workshops, contact John Kelly, CPCU, the Society's continuing education coordinating manager, at (800) 932-2728, ext. 2773.

The CPCU Society (www.cpcusociety.org) is a community of credentialed insurance professionals who promote excellence through ethical behavior and continuing education. The Society's nearly 27,000 members hold the Chartered Property Casualty Underwriter (CPCUŽ) designation, which requires passing rigorous undergraduate- and graduate-level examinations, meeting experience requirements, and agreeing to be bound by a strict code of professional ethics. The CPCU designation is conferred by the American Institute for CPCU. The CPCU Society celebrates its 60th Anniversary during 2004.